Shawcor Ltd. (A)

SCL-T

Shawcor Ltd. (A)
(SCL-T)

About Shawcor Ltd. (A) (SCL-T)

Shawcor Ltd is a global energy services company specializing in technology based products and services for the pipeline and pipe services and the petrochemical and industrial markets.
More at Wikipedia

What the experts are saying about SCL-T

He sold it 4 years ago. A great company and management, but it's related to energy prices. They are efficient at coating pipelines. If their backlog is rising, buy it, but when it is not (like now), don't.

He sold it 4 years ago. A great company and management, but it's related to energy prices. They are efficient at coating pipelines. If their backlog is rising, buy it, but when it is not (like now), don't.

Energy has been crushed, and a lot of companies are at compelling valuations. This is a provider to the energy sector, so will do well when/if the sector improves. Need more firmness in the commodity price, which he hopes has bottomed out. (Analysts’ price target is $28.70)

Energy has been crushed, and a lot of companies are at compelling valuations. This is a provider to the energy sector, so will do well when/if the sector improves. Need more firmness in the commodity price, which he hopes has bottomed out. (Analysts’ price target is $28.70)

Chances are the Trans Mountain Pipeline will be built or at least East Mountain could. These things have been held up for so long, investors are losing faith, but if the pipelines are built, Shawcor will come back a long way. He expects better times for pipelines because there's so much supply pressure. Eventually these companies will do well, but it'll be uncertain for a few years.

Chances are the Trans Mountain Pipeline will be built or at least East Mountain could. These things have been held up for so long, investors are losing faith, but if the pipelines are built, Shawcor will come back a long way. He expects better times for pipelines because there's so much supply pressure. Eventually these companies will do well, but it'll be uncertain for a few years.

This hasn't done much, and is in a bit of a Bear cycle here. It’s not been able to bust up through $36. The only thing positive is that there is some kind of strength in the low $20's. It is in kind of no man's land right now. He wouldn't put any new money into this.

This hasn't done much, and is in a bit of a Bear cycle here. It’s not been able to bust up through $36. The only thing positive is that there is some kind of strength in the low $20's. It is in kind of no man's land right now. He wouldn't put any new money into this.

A global leader in pipe coating. They recently reported, and management seems optimistic that drilling activity has troughed. It is rising in North America, and this company is seeing the benefits of that. A lot of their larger projects in 2015 and 2016 were being put on the back burner and delayed. But now they are being asked to bid a lot more larger projects. If you are a long-term investor, you could start picking at this here.

A global leader in pipe coating. They recently reported, and management seems optimistic that drilling activity has troughed. It is rising in North America, and this company is seeing the benefits of that. A lot of their larger projects in 2015 and 2016 were being put on the back burner and delayed. But now they are being asked to bid a lot more larger projects. If you are a long-term investor, you could start picking at this here.

She owns this, and it has been a somewhat volatile ride, because their fortunes are somewhat connected to the energy patch, being a global pipeline coater. A lot of the pipeline systems in North America are quite old and need refurbishment and it is very hard to build new pipelines. The stock is currently at $26.80, and she wouldn’t sell it down here.

She owns this, and it has been a somewhat volatile ride, because their fortunes are somewhat connected to the energy patch, being a global pipeline coater. A lot of the pipeline systems in North America are quite old and need refurbishment and it is very hard to build new pipelines. The stock is currently at $26.80, and she wouldn’t sell it down here.

Has been looking at this, and with more pipeline expansion likely to come on in the horizon, he feels it is already being discounted in price to some extent. Doesn’t like chasing stocks. This one turned a corner recently and he would like to own it at a cheaper price. There is a lot of growth built into the current price.

Has been looking at this, and with more pipeline expansion likely to come on in the horizon, he feels it is already being discounted in price to some extent. Doesn’t like chasing stocks. This one turned a corner recently and he would like to own it at a cheaper price. There is a lot of growth built into the current price.

(A Top Pick Feb 8/16. Down 30.57%.)*Short*. He is very proud of this company. There are very few Canadian companies that can say they are a world leader in what they do. Had this as a Short because they tend to be a late stage player in oil/gas. Feels the market got a little bit ahead of itself in pricing this in, but rather than fight the tape, he exited the position.

(A Top Pick Feb 8/16. Down 30.57%.)*Short*. He is very proud of this company. There are very few Canadian companies that can say they are a world leader in what they do. Had this as a Short because they tend to be a late stage player in oil/gas. Feels the market got a little bit ahead of itself in pricing this in, but rather than fight the tape, he exited the position.

(A Top Pick Feb 8/16. Down 27.56%.) Short. This is a good company. There aren’t too many companies that can say they are world beaters in what they do. This tends to be a late cyclical play on the oil/gas sector. When that sector starts to rise, this company is going to react 4-6 quarters later. He sold his holdings for the time being.

(A Top Pick Feb 8/16. Down 27.56%.) Short. This is a good company. There aren’t too many companies that can say they are world beaters in what they do. This tends to be a late cyclical play on the oil/gas sector. When that sector starts to rise, this company is going to react 4-6 quarters later. He sold his holdings for the time being.

It tested the 200 day and bounced off. This one is basing, so the 200 day is not as useful. It broke its downtrend and then started to base within a channel. He would be tempted to buy as a trader at the bottom of the channel.

It tested the 200 day and bounced off. This one is basing, so the 200 day is not as useful. It broke its downtrend and then started to base within a channel. He would be tempted to buy as a trader at the bottom of the channel.

With pipeline construction being in the tank, this has pulled this company down as well. It is the industry leader. Trans Canada (TRP-T) and Enbridge (ENB-T) may have some replacement of pipe, which will bring this company into the picture. If you own, you might want to even average down.

With pipeline construction being in the tank, this has pulled this company down as well. It is the industry leader. Trans Canada (TRP-T) and Enbridge (ENB-T) may have some replacement of pipe, which will bring this company into the picture. If you own, you might want to even average down.

Global pipeline coatings. As a Canadian we should all be very proud of this company. There are not many Canadian companies that are a world leader in what they do. Has held this as a Long position many times. The downside is that they are going through a rough patch right now. Management feels that 2016 is going to be another down leg for them. You’re fighting a lot of headwinds with this company. They have 3 potential catalysts, including a pipeline running from Texas to Mexico, a pipeline between Russia and Germany with chances being slim to none, and LNG on the West Coast which he is very skeptical about. You should be very cautious for the next 2-3 years on this.

Global pipeline coatings. As a Canadian we should all be very proud of this company. There are not many Canadian companies that are a world leader in what they do. Has held this as a Long position many times. The downside is that they are going through a rough patch right now. Management feels that 2016 is going to be another down leg for them. You’re fighting a lot of headwinds with this company. They have 3 potential catalysts, including a pipeline running from Texas to Mexico, a pipeline between Russia and Germany with chances being slim to none, and LNG on the West Coast which he is very skeptical about. You should be very cautious for the next 2-3 years on this.

Comments

Stockchase, in its reporting on what has been discussed by individuals on business
television programs (in particular Business News Network), neither recommends nor
promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood
from the experts’ comments.
We are human and can make mistakes,
help us fix any errors. If you see something that you know is not right or if there is a
problem with the site, feel free to email us at :
hello@stockchase.com.